[Shopping List of Individual Stocks]

Have a question about your personal investments? No matter how simple or complex, you can ask it here.
Topic Author
Rick77
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Joined: Wed Sep 05, 2018 11:20 pm

[Shopping List of Individual Stocks]

Post by Rick77 » Sun Mar 22, 2020 8:02 pm

Preparing myself to purchase several individual stocks which fit my bill: manufacturers of essentials with good bones which are likely still going to be around post COVID. Any suggestions?

Currently thinking of: PG, CSCO, XOM and TSM.

Since most of my remaining portfolio is Silicon Valley teach heavy, non of those shall be added.

Thanks for reading..

Rick
Last edited by Flyer24 on Sat Mar 28, 2020 7:28 pm, edited 1 time in total.
Reason: title clarity

mega317
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Re: Shopping List

Post by mega317 » Mon Mar 23, 2020 3:21 pm

Rick, my opinion is you don't and can't know what individual companies will do better than or worse than the market in the near or distant future. Sorry to say but you aren't the first person to consider that companies of that description might make it through covid and thus are worth investing in. There is unlikely to be much value getting in now. Plus how you do know if a company is cooking the books or a meteor will hit HQ or whatever?
https://www.bogleheads.org/forum/viewtopic.php?t=6212

Bigt3142
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Re: Shopping List

Post by Bigt3142 » Mon Mar 23, 2020 4:09 pm

Looking at Boeing, Disney, Park Hotels, and Discover.

IHateCasinos
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Re: Shopping List

Post by IHateCasinos » Mon Mar 23, 2020 6:20 pm

Rick, heres todays picture, of even more obvious ones, as to why you should NOT follow that strategy.

Can YOU pick which of those pharmaceutical companies will be down or up??.https://pasteboard.co/J0urtb6.png

or 3M's performance today?? They are just names at this point....

M

Topic Author
Rick77
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Re: Shopping List

Post by Rick77 » Sat Mar 28, 2020 2:22 am

Thanks all for your replies, I tried purchasing a few suggested assets but setting limits too low, so I missed out on this weeks Rallye.
In any case it is not the end of the world since I believe the bottom has not been reached yet and will keep my powder dry. Rick

LookinAround
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Re: Shopping List

Post by LookinAround » Sat Mar 28, 2020 6:26 am

One of my favorites I've had since the 90's and IMHO continues to go strong: Home Depot

And it's an "essential" business that remains open even now

dukeblue219
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Re: Shopping List

Post by dukeblue219 » Sat Mar 28, 2020 6:35 am

I don't actually recommend this strategy, but in the interest of general discussion VISA and GRUB. People are only going to use credit cards (contactlessly) more and order home delivery more.

I also like BRKB for their cash that they can deploy for opportunities never available to mutual funds (buying entire businesses) or to individuals (arranging special preferred stock deals). Their insurance and financial exposure makes me nervous though.

mega317
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Re: Shopping List

Post by mega317 » Sat Mar 28, 2020 8:27 am

Rick77 wrote:
Sat Mar 28, 2020 2:22 am
Thanks all for your replies, I tried purchasing a few suggested assets but setting limits too low, so I missed out on this weeks Rallye.
I should be saving all of these for future market timing threads.
dukeblue219 wrote:
Sat Mar 28, 2020 6:35 am
I don't actually recommend this strategy, but in the interest of general discussion VISA and GRUB.
Does the news about an instacart strike change your opinion of grub?
https://www.bogleheads.org/forum/viewtopic.php?t=6212

dukeblue219
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Re: Shopping List

Post by dukeblue219 » Sat Mar 28, 2020 9:03 am

mega317 wrote:
Sat Mar 28, 2020 8:27 am
Does the news about an instacart strike change your opinion of grub?
Honestly, no idea. I'm not buying the idea that restaurants are doomed but I think it's reasonable to guess that delivery will be more common for the next few years than it already was. Then again, the rest of the market already knows that, which is one of the reasons I'm wary of chasing individual stocks based on major news.

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Rick77
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Re: Shopping List

Post by Rick77 » Sat Mar 28, 2020 10:04 am

mega317 wrote:
Sat Mar 28, 2020 8:27 am
Rick77 wrote:
Sat Mar 28, 2020 2:22 am
Thanks all for your replies, I tried purchasing a few suggested assets but setting limits too low, so I missed out on this weeks Rallye.
I should be saving all of these for future market timing threads.
I consolidated what I picked for now: PG, V, XOM, CSCO, TSM and possibly COKE.
mega317 wrote:
Mon Mar 23, 2020 3:21 pm
Rick, my opinion is you don't and can't know what individual companies will do better than or worse than the market in the near or distant future.
I am not trying to beat the market. I had a nice portfolio of individual stocks in addition to selected funds, but I sold most of them in January and February. I am now trying to set up a portfolio of individual stocks which represent essentials.

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watchnerd
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Re: Shopping List

Post by watchnerd » Sat Mar 28, 2020 10:10 am

Rick77 wrote:
Sat Mar 28, 2020 10:04 am

I am not trying to beat the market. I had a nice portfolio of individual stocks in addition to selected funds, but I sold most of them in January and February. I am now trying to set up a portfolio of individual stocks which represent essentials.
?????

Why would you take on the concentrated risk of buying individual stocks if you don't think they'll do better than the market?

The whole point of taking concentrated risk is to have better returns, i.e. to beat the market.
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

Tenesmus83
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Re: Shopping List

Post by Tenesmus83 » Sat Mar 28, 2020 11:52 am

I thought bogleheads were supposed to in index fund investors? What's all this talk about individual stocks?

mega317
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Re: Shopping List

Post by mega317 » Sat Mar 28, 2020 12:16 pm

watchnerd wrote:
Sat Mar 28, 2020 10:10 am
Rick77 wrote:
Sat Mar 28, 2020 10:04 am

I am not trying to beat the market. I had a nice portfolio of individual stocks in addition to selected funds, but I sold most of them in January and February. I am now trying to set up a portfolio of individual stocks which represent essentials.
?????

Why would you take on the concentrated risk of buying individual stocks if you don't think they'll do better than the market?

The whole point of taking concentrated risk is to have better returns, i.e. to beat the market.
+1. What is the point of this thread?
https://www.bogleheads.org/forum/viewtopic.php?t=6212

the way
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Re: Shopping List

Post by the way » Sat Mar 28, 2020 12:54 pm

Rick77 wrote:
Sun Mar 22, 2020 8:02 pm
Preparing myself to purchase several individual stocks which fit my bill: manufacturers of essentials with good bones which are likely still going to be around post COVID. Any suggestions?

Currently thinking of: PG, CSCO, XOM and TSM.

Since most of my remaining portfolio is Silicon Valley teach heavy, non of those shall be added.
OP, you do realize that both V and CSCO are based in the Bay Area, right? CSCO is a HW firm, V is a financial payments firm - ie both tech heavies.
Rick77 wrote:
Sat Mar 28, 2020 10:04 am
I consolidated what I picked for now: PG, V, XOM, CSCO, TSM and possibly COKE.
KO and COKE are 2 separate companies. Are you sure you have the right one?

In essence, are you really ready to trade individual stocks?

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ruralavalon
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Re: Shopping List

Post by ruralavalon » Sat Mar 28, 2020 3:42 pm

Tenesmus83 wrote:
Sat Mar 28, 2020 11:52 am
I thought bogleheads were supposed to in index fund investors? What's all this talk about individual stocks?
It is noise :) .
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

Rosencrantz1
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Re: Shopping List

Post by Rosencrantz1 » Sat Mar 28, 2020 4:15 pm

watchnerd wrote:
Sat Mar 28, 2020 10:10 am
Rick77 wrote:
Sat Mar 28, 2020 10:04 am

I am not trying to beat the market. I had a nice portfolio of individual stocks in addition to selected funds, but I sold most of them in January and February. I am now trying to set up a portfolio of individual stocks which represent essentials.
?????

Why would you take on the concentrated risk of buying individual stocks if you don't think they'll do better than the market?

The whole point of taking concentrated risk is to have better returns, i.e. to beat the market.
Good point. I've bought a few individual stocks for that very reason. I'm still holding them for the time being... but, we'll see.

MGM @ $7.11
MCD @ 140
Added some AAPL @ ~230

To be fair, though, my largest purchases (by far) with the market fall has been VOO. Been buying VOO most of the way down with 25 share lots and will continue to buy VOO should the market fall further.

Olemiss540
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Re: Shopping List

Post by Olemiss540 » Sat Mar 28, 2020 4:19 pm

You might give reddit a try. R/wallstreetbets would be a great place to start. Posting your OP here is like posting which mustang to buy on a corvette forum.
I hold index funds because I do not overestimate my ability to pick stocks OR stock pickers.

Rosencrantz1
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Re: Shopping List

Post by Rosencrantz1 » Sat Mar 28, 2020 4:29 pm

Olemiss540 wrote:
Sat Mar 28, 2020 4:19 pm
You might give reddit a try. R/wallstreetbets would be a great place to start. Posting your OP here is like posting which mustang to buy on a corvette forum.
I'd suggest that not ALL BogleHeads (or those who aspire to be) are in 'lock step' with each other.... and, that's just from casual observation of the various threads titles I've seen over the past month. From my point of view, this is good - otherwise, it'd start to sound like an echo chamber :beer

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watchnerd
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Re: Shopping List

Post by watchnerd » Sat Mar 28, 2020 4:31 pm

I don't have a philosophical problem with buying individual stocks.

After all, my ESPP is made of stock that I buy at a 10% discount.

But one should do it because you expect them to beat the market.
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

Rosencrantz1
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Re: Shopping List

Post by Rosencrantz1 » Sat Mar 28, 2020 4:37 pm

watchnerd wrote:
Sat Mar 28, 2020 4:31 pm
I don't have a philosophical problem with buying individual stocks.

After all, my ESPP is made of stock that I buy at a 10% discount.

But one should do it because you expect them to beat the market.
I used to do the same - except the company gave us a 15% discount on our stock. Made lots of easy money on those purchases over the years :happy

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watchnerd
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Re: Shopping List

Post by watchnerd » Sat Mar 28, 2020 4:53 pm

Rosencrantz1 wrote:
Sat Mar 28, 2020 4:37 pm
watchnerd wrote:
Sat Mar 28, 2020 4:31 pm
I don't have a philosophical problem with buying individual stocks.

After all, my ESPP is made of stock that I buy at a 10% discount.

But one should do it because you expect them to beat the market.
I used to do the same - except the company gave us a 15% discount on our stock. Made lots of easy money on those purchases over the years :happy
Oh, I can't complain.

The last batch I sold was up >80% in 2 years.
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

Olemiss540
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Re: Shopping List

Post by Olemiss540 » Sat Mar 28, 2020 5:21 pm

Rosencrantz1 wrote:
Sat Mar 28, 2020 4:29 pm
Olemiss540 wrote:
Sat Mar 28, 2020 4:19 pm
You might give reddit a try. R/wallstreetbets would be a great place to start. Posting your OP here is like posting which mustang to buy on a corvette forum.
I'd suggest that not ALL BogleHeads (or those who aspire to be) are in 'lock step' with each other.... and, that's just from casual observation of the various threads titles I've seen over the past month. From my point of view, this is good - otherwise, it'd start to sound like an echo chamber :beer
This is the time we need to be in lock step. People are much more prone into investing MISTAKES in this time of recession. BOGLEheads is about LOW COST, HIGHLY DIVERSIFIED, LONG TERM investing so that we don't make the mistakes the large majority of folks make. We need to try to keep maintaining a calm and steady voice of reason while many individual want to jeopardize their future by stock picking, market timing, and other ways of tinkering to try to beat the market.

Groupthink as a negative term does not apply unless you are advocating for a stock picking or market timing approach to beating the market. This is not political science, we are all volunteers educating the non-financial so they do not get taken advantage of.
I hold index funds because I do not overestimate my ability to pick stocks OR stock pickers.

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watchnerd
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Re: Shopping List

Post by watchnerd » Sat Mar 28, 2020 5:25 pm

Olemiss540 wrote:
Sat Mar 28, 2020 5:21 pm


This is the time we need to be in lock step. People are much more prone into investing MISTAKES in this time of recession. BOGLEheads is about LOW COST, HIGHLY DIVERSIFIED, LONG TERM investing so that we don't make the mistakes the large majority of folks make. We need to try to keep maintaining a calm and steady voice of reason while many individual want to jeopardize their future by stock picking, market timing, and other ways of tinkering to try to beat the market.

Groupthink as a negative term does not apply unless you are advocating for a stock picking or market timing approach to beating the market. This is not political science, we are all volunteers educating the non-financial so they do not get taken advantage of.
If I can buy individual stocks at a 10% discount via my ESPP, should that be discouraged?
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

Olemiss540
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Re: Shopping List

Post by Olemiss540 » Sat Mar 28, 2020 5:27 pm

watchnerd wrote:
Sat Mar 28, 2020 5:25 pm
Olemiss540 wrote:
Sat Mar 28, 2020 5:21 pm


This is the time we need to be in lock step. People are much more prone into investing MISTAKES in this time of recession. BOGLEheads is about LOW COST, HIGHLY DIVERSIFIED, LONG TERM investing so that we don't make the mistakes the large majority of folks make. We need to try to keep maintaining a calm and steady voice of reason while many individual want to jeopardize their future by stock picking, market timing, and other ways of tinkering to try to beat the market.

Groupthink as a negative term does not apply unless you are advocating for a stock picking or market timing approach to beating the market. This is not political science, we are all volunteers educating the non-financial so they do not get taken advantage of.
If I can buy individual stocks at a 10% discount via my ESPP, should that be discouraged?
How long is the redemption period?
I hold index funds because I do not overestimate my ability to pick stocks OR stock pickers.

Rat_Race
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Re: Shopping List

Post by Rat_Race » Sat Mar 28, 2020 5:31 pm

I think the PE on PG is too high for a business in that category. The yield is nice though. I like VZ as a dividend play.

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watchnerd
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Re: Shopping List

Post by watchnerd » Sat Mar 28, 2020 5:32 pm

Olemiss540 wrote:
Sat Mar 28, 2020 5:27 pm


How long is the redemption period?
Isn't that a market timing question? ;)

Purchases are made every quarter. I can sell them as soon as I get them, if I want maximum taxes.

Taxes follow the usual rules regarding disposition change for the discount as imputed income after 2 years.
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

Olemiss540
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Re: Shopping List

Post by Olemiss540 » Sat Mar 28, 2020 5:39 pm

watchnerd wrote:
Sat Mar 28, 2020 5:32 pm
Olemiss540 wrote:
Sat Mar 28, 2020 5:27 pm


How long is the redemption period?
Isn't that a market timing question? ;)

Purchases are made every quarter. I can sell them as soon as I get them, if I want maximum taxes.

Taxes follow the usual rules regarding disposition change for the discount as imputed income after 2 years.
Its has nothing to do with timing the market but with risk exposure. The longer you are concentrated, the more risk you are taking. Hope that makes sense.

In your case I would definately buy them and sell them immediately. I am not going to complain about paying taxes on a 10% bonus and would sleep better knowing I didnt have increased market risk that was not worth the incremental tax burden to hold for long term.

Consider with both a large portion f your portfolio AND your salary tied to the same corporation you would face a double smack under certain circumstances
I hold index funds because I do not overestimate my ability to pick stocks OR stock pickers.

Slowtraveler
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Re: Shopping List

Post by Slowtraveler » Sat Mar 28, 2020 5:59 pm

If you're bargain hunting, airlines look cheap but none have enough cash to last even 2 quarters of 0 revenue without bankruptcy.

I picked up marginal amount of GOOG, DEO, DIS, and RDSB near the recent bottom but they're all up 10-20% since then so I can't recommend them anymore.

In all seriousness, if you're looking to putting some serious money in, you can just buy the top 100-500 companies in the S&P 500 index in equal weight. It's a strategy Jack recommended in "Common Sense on Mutual Funds". You're still indexing in this case but it has benefits, as well as drawbacks. There's actually a wiki about this somewhere in the Boglehead's world.

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watchnerd
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Re: Shopping List

Post by watchnerd » Sat Mar 28, 2020 6:02 pm

Olemiss540 wrote:
Sat Mar 28, 2020 5:39 pm
watchnerd wrote:
Sat Mar 28, 2020 5:32 pm
Olemiss540 wrote:
Sat Mar 28, 2020 5:27 pm


How long is the redemption period?
Isn't that a market timing question? ;)

Purchases are made every quarter. I can sell them as soon as I get them, if I want maximum taxes.

Taxes follow the usual rules regarding disposition change for the discount as imputed income after 2 years.
Its has nothing to do with timing the market but with risk exposure. The longer you are concentrated, the more risk you are taking. Hope that makes sense.

In your case I would definately buy them and sell them immediately. I am not going to complain about paying taxes on a 10% bonus and would sleep better knowing I didnt have increased market risk that was not worth the incremental tax burden to hold for long term.

Consider with both a large portion f your portfolio AND your salary tied to the same corporation you would face a double smack under certain circumstances
I'm always curious to hear other's takes.

I actually hold them for 2 year minimum to reduce tax impact.

I'm not concerned about the concentrated risk because:

a) It's only $25K max yearly, so a miniscule part of net worth, and a minor of annual savings.
b) I invest in global market, as opposed to US TSM, which helps, too.
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

Rosencrantz1
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Re: Shopping List

Post by Rosencrantz1 » Sat Mar 28, 2020 6:12 pm

Olemiss540 wrote:
Sat Mar 28, 2020 5:21 pm
Rosencrantz1 wrote:
Sat Mar 28, 2020 4:29 pm
Olemiss540 wrote:
Sat Mar 28, 2020 4:19 pm
You might give reddit a try. R/wallstreetbets would be a great place to start. Posting your OP here is like posting which mustang to buy on a corvette forum.
I'd suggest that not ALL BogleHeads (or those who aspire to be) are in 'lock step' with each other.... and, that's just from casual observation of the various threads titles I've seen over the past month. From my point of view, this is good - otherwise, it'd start to sound like an echo chamber :beer
This is the time we need to be in lock step. People are much more prone into investing MISTAKES in this time of recession. BOGLEheads is about LOW COST, HIGHLY DIVERSIFIED, LONG TERM investing so that we don't make the mistakes the large majority of folks make. We need to try to keep maintaining a calm and steady voice of reason while many individual want to jeopardize their future by stock picking, market timing, and other ways of tinkering to try to beat the market.

Groupthink as a negative term does not apply unless you are advocating for a stock picking or market timing approach to beating the market. This is not political science, we are all volunteers educating the non-financial so they do not get taken advantage of.
I can assure you that I was/am a successful investor long before I came across Bogleheads. While I generally agree with the concepts of index funds and low costs and 'buy and hold', I've certainly had success (and a few failures) with other investment styles too. I've been a 'buy and hold' type investor for many, many years (and that has included a few individual names like Apple).

While educating the 'non-financial' is a fine goal, when the 'rubber meets the road' regarding my investment dollars, I'm not highly inclined to pay strict attention to internet strangers. But, that might just be me. Having said this, there are some folks on this site that appear, at least to me, to *think* outside of the box (puts, technical analysis, trending etc) - and I enjoy reading their thoughts too.

I'm not a big believer in 'groupthink' and everyone being in 'lockstep'. Heck, there are threads on this site right now where folks are realizing their appetite for risk wasn't quite what they thought it might be and they're (IMHO, correctly) reevaluating that risk tolerance. People are unique.

Rosencrantz1
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Re: Shopping List

Post by Rosencrantz1 » Sat Mar 28, 2020 6:27 pm

watchnerd wrote:
Sat Mar 28, 2020 6:02 pm
Olemiss540 wrote:
Sat Mar 28, 2020 5:39 pm
watchnerd wrote:
Sat Mar 28, 2020 5:32 pm
Olemiss540 wrote:
Sat Mar 28, 2020 5:27 pm


How long is the redemption period?
Isn't that a market timing question? ;)

Purchases are made every quarter. I can sell them as soon as I get them, if I want maximum taxes.

Taxes follow the usual rules regarding disposition change for the discount as imputed income after 2 years.
Its has nothing to do with timing the market but with risk exposure. The longer you are concentrated, the more risk you are taking. Hope that makes sense.

In your case I would definately buy them and sell them immediately. I am not going to complain about paying taxes on a 10% bonus and would sleep better knowing I didnt have increased market risk that was not worth the incremental tax burden to hold for long term.

Consider with both a large portion f your portfolio AND your salary tied to the same corporation you would face a double smack under certain circumstances
I'm always curious to hear other's takes.

I actually hold them for 2 year minimum to reduce tax impact.

I'm not concerned about the concentrated risk because:

a) It's only $25K max yearly, so a miniscule part of net worth, and a minor of annual savings.
b) I invest in global market, as opposed to US TSM, which helps, too.
I think (if I recall correctly - it was the engineering firm I worked at prior to the company I retired from) we had to hold the shares for 90 days minimum and the total shares were limited to 10% of salary. I typically (but not always) sold the shares and bought shares in Fidelity mutual funds (that, at the time, had pretty high ERs - Low Price, Contra, etc.). Generally, I tried to NOT collect too much of the same thing.

EDIT: typo
Last edited by Rosencrantz1 on Sat Mar 28, 2020 6:55 pm, edited 1 time in total.

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watchnerd
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Re: Shopping List

Post by watchnerd » Sat Mar 28, 2020 6:52 pm

Rosencrantz1 wrote:
Sat Mar 28, 2020 6:27 pm


I think (if I recall correctly - it was the engineering firm I worked at prior to the company I retired from) we had to hold the shares for 90 days minimum and the total shares were limited to 10% of salary. I typically (but not always) sold the shares and bought shares in Fidelity mutual funds (that, at the time, had pretty high EFs - Low Price, Contra, etc.). Generally, I tried to NOT collect too much of the same thing.
In my particular case, my employer is already a top holding of the US TSM, so investing ESPP sale money in a broad US stock fund doesn't help diversify things very much. So I have to go more international.
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

Rosencrantz1
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Re: Shopping List

Post by Rosencrantz1 » Sat Mar 28, 2020 7:07 pm

watchnerd wrote:
Sat Mar 28, 2020 6:52 pm
Rosencrantz1 wrote:
Sat Mar 28, 2020 6:27 pm


I think (if I recall correctly - it was the engineering firm I worked at prior to the company I retired from) we had to hold the shares for 90 days minimum and the total shares were limited to 10% of salary. I typically (but not always) sold the shares and bought shares in Fidelity mutual funds (that, at the time, had pretty high EFs - Low Price, Contra, etc.). Generally, I tried to NOT collect too much of the same thing.
In my particular case, my employer is already a top holding of the US TSM, so investing ESPP sale money in a broad US stock fund doesn't help diversify things very much. So I have to go more international.
I'm pretty sure I've read you're an advocate of VTWAX (as opposed to a dedicated international fund). Admittedly, VTWAX makes more sense to me than a dedicated international - I should probably think about that some. BUT, I sure don't want to derail the OPs thread into another US vs exUS discussion. :mrgreen:

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watchnerd
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Re: Shopping List

Post by watchnerd » Sat Mar 28, 2020 7:30 pm

Rosencrantz1 wrote:
Sat Mar 28, 2020 7:07 pm


I'm pretty sure I've read you're an advocate of VTWAX (as opposed to a dedicated international fund). Admittedly, VTWAX makes more sense to me than a dedicated international - I should probably think about that some. BUT, I sure don't want to derail the OPs thread into another US vs exUS discussion. :mrgreen:
Yes, it's in my signature. I hold VTWAX/VT at Vanguard. At Fidelity, I mash together their US and ex-US funds.

Along with my ESPP, my RSUs are obviously also tied to the US TSM.

If my main stock index was also US TSM, I'd be triple dipping, as it were.
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

Rosencrantz1
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Re: Shopping List

Post by Rosencrantz1 » Sat Mar 28, 2020 8:16 pm

watchnerd wrote:
Sat Mar 28, 2020 7:30 pm
Rosencrantz1 wrote:
Sat Mar 28, 2020 7:07 pm


I'm pretty sure I've read you're an advocate of VTWAX (as opposed to a dedicated international fund). Admittedly, VTWAX makes more sense to me than a dedicated international - I should probably think about that some. BUT, I sure don't want to derail the OPs thread into another US vs exUS discussion. :mrgreen:
Yes, it's in my signature. I hold VTWAX/VT at Vanguard. At Fidelity, I mash together their US and ex-US funds.

Along with my ESPP, my RSUs are obviously also tied to the US TSM.

If my main stock index was also US TSM, I'd be triple dipping, as it were.
Curious. Why? I own Vanguard ETFs in several of my Fidelity accounts - I think one could buy VT in Fidelity?

annu
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Re: [Shopping List of Individual Stocks]

Post by annu » Sat Mar 28, 2020 8:19 pm

Probably right now worst time to do individual stocks...
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watchnerd
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Re: Shopping List

Post by watchnerd » Sat Mar 28, 2020 8:20 pm

Rosencrantz1 wrote:
Sat Mar 28, 2020 8:16 pm


Curious. Why? I own Vanguard ETFs in several of my Fidelity accounts - I think one could buy VT in Fidelity?
I only have my 401k and ESPP at Fidelity.

I do have the Brokeragelink set up, but if I pick the Vanguard ETFs, I'll pay a transaction fee every paycheck. The Fido funds don't charge a fee.
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

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watchnerd
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Re: [Shopping List of Individual Stocks]

Post by watchnerd » Sat Mar 28, 2020 8:21 pm

annu wrote:
Sat Mar 28, 2020 8:19 pm
Probably right now worst time to do individual stocks...
I don't understand your logic.

That problem applies to all stocks regardless of how you buy them.
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

annu
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Re: [Shopping List of Individual Stocks]

Post by annu » Sat Mar 28, 2020 8:28 pm

watchnerd wrote:
Sat Mar 28, 2020 8:21 pm
annu wrote:
Sat Mar 28, 2020 8:19 pm
Probably right now worst time to do individual stocks...
I don't understand your logic.

That problem applies to all stocks regardless of how you buy them.
I better not say, not a good time to buy index funds , as that is never wrong to do, and market always prices everything in I am told, even right ow this is all priced in.... :sharebeer

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watchnerd
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Re: [Shopping List of Individual Stocks]

Post by watchnerd » Sat Mar 28, 2020 8:33 pm

annu wrote:
Sat Mar 28, 2020 8:28 pm

I better not say, not a good time to buy index funds , as that is never wrong to do, and market always prices everything in I am told, even right ow this is all priced in.... :sharebeer
So, just to be clear, you're simply saying:

Don't buy stocks, individually or indexes, right now
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

Rosencrantz1
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Re: [Shopping List of Individual Stocks]

Post by Rosencrantz1 » Sat Mar 28, 2020 8:40 pm

annu wrote:
Sat Mar 28, 2020 8:28 pm
watchnerd wrote:
Sat Mar 28, 2020 8:21 pm
annu wrote:
Sat Mar 28, 2020 8:19 pm
Probably right now worst time to do individual stocks...
I don't understand your logic.

That problem applies to all stocks regardless of how you buy them.
I better not say, not a good time to buy index funds , as that is never wrong to do, and market always prices everything in I am told, even right ow this is all priced in.... :sharebeer
Could be 'wrong to do' if your investment horizon is a year or two or three. But, I think I know what you mean. :beer

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1789
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Re: [Shopping List of Individual Stocks]

Post by 1789 » Sun Mar 29, 2020 1:15 pm

I said it before i will say it again. I would buy Costco over any tech stocks. But of course i didn't because i dont want to waste my time with stock picking.
"My conscience wants vegetarianism to win over the world. And my subconscious is yearning for a piece of juicy meat. But what do i want?" (Andrei Tarkovsky)

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backofbeyond
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Re: [Shopping List of Individual Stocks]

Post by backofbeyond » Sun Mar 29, 2020 1:41 pm

Like many others on this string, I whole heartily believe in the total Index mantra that is the Boglehead way....but, there comes a time about once a decade when individual stock picking MAY (key word) do better than the total market index. This MAY (that key word again) be that time.

I have 90% of my portfolio in Index funds (including TSP). However, I do play with 10%. And of that 10%, I separate it into two barbells: Blue Chips that are discounted (Think Warren Buffet) and speculative, really beaten down like 50% or more.

I've been buying for the last month. I think I may have picked up some at the very bottom, like Wendy's. I got it at 70% below it's high. To me that's an amazing price. It's already made me over 70% on the bounce (maybe a dead cat bounce). I've also bought into casinos,cruise lines and airline stocks.

Will some of them go bankrupt? Probably. And if so, I can tax harvest. Other stocks that I"m fairly certain I'll never sale and that I'll pass on to the next generation. For me, it's a hobby.
The question isn't at what age I want to retire, it is at what income. - George Foreman

Rosencrantz1
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Re: [Shopping List of Individual Stocks]

Post by Rosencrantz1 » Sun Mar 29, 2020 2:33 pm

backofbeyond wrote:
Sun Mar 29, 2020 1:41 pm
Like many others on this string, I whole heartily believe in the total Index mantra that is the Boglehead way....but, there comes a time about once a decade when individual stock picking MAY (key word) do better than the total market index. This MAY (that key word again) be that time.

I have 90% of my portfolio in Index funds (including TSP). However, I do play with 10%. And of that 10%, I separate it into two barbells: Blue Chips that are discounted (Think Warren Buffet) and speculative, really beaten down like 50% or more.

I've been buying for the last month. I think I may have picked up some at the very bottom, like Wendy's. I got it at 70% below it's high. To me that's an amazing price. It's already made me over 70% on the bounce (maybe a dead cat bounce). I've also bought into casinos,cruise lines and airline stocks.

Will some of them go bankrupt? Probably. And if so, I can tax harvest. Other stocks that I"m fairly certain I'll never sale and that I'll pass on to the next generation. For me, it's a hobby.
+1 it is for me too. And I agree that bankruptcy is always a risk with individual stocks.

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abuss368
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Re: [Shopping List of Individual Stocks]

Post by abuss368 » Sun Mar 29, 2020 10:34 pm

1789 wrote:
Sun Mar 29, 2020 1:15 pm
I said it before i will say it again. I would buy Costco over any tech stocks. But of course i didn't because i dont want to waste my time with stock picking.
Back during our stock picking days, we did well with Costco.
John C. Bogle: Two Fund Portfolio - Total Stock & Total Bond - “Simplicity is the master key to financial success."

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1789
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Re: [Shopping List of Individual Stocks]

Post by 1789 » Sun Mar 29, 2020 10:51 pm

abuss368 wrote:
Sun Mar 29, 2020 10:34 pm
1789 wrote:
Sun Mar 29, 2020 1:15 pm
I said it before i will say it again. I would buy Costco over any tech stocks. But of course i didn't because i dont want to waste my time with stock picking.
Back during our stock picking days, we did well with Costco.
Hi Abuss368,

Sometimes you need to hold on to your winners :wink:
"My conscience wants vegetarianism to win over the world. And my subconscious is yearning for a piece of juicy meat. But what do i want?" (Andrei Tarkovsky)

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abuss368
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Re: [Shopping List of Individual Stocks]

Post by abuss368 » Sun Mar 29, 2020 10:52 pm

1789 wrote:
Sun Mar 29, 2020 10:51 pm
abuss368 wrote:
Sun Mar 29, 2020 10:34 pm
1789 wrote:
Sun Mar 29, 2020 1:15 pm
I said it before i will say it again. I would buy Costco over any tech stocks. But of course i didn't because i dont want to waste my time with stock picking.
Back during our stock picking days, we did well with Costco.
Hi Abuss368,

Sometimes you need to hold on to your winners :wink:

Remember AOL in late 90s? :D
John C. Bogle: Two Fund Portfolio - Total Stock & Total Bond - “Simplicity is the master key to financial success."

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1789
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Re: [Shopping List of Individual Stocks]

Post by 1789 » Sun Mar 29, 2020 10:58 pm

abuss368 wrote:
Sun Mar 29, 2020 10:52 pm
1789 wrote:
Sun Mar 29, 2020 10:51 pm
abuss368 wrote:
Sun Mar 29, 2020 10:34 pm
1789 wrote:
Sun Mar 29, 2020 1:15 pm
I said it before i will say it again. I would buy Costco over any tech stocks. But of course i didn't because i dont want to waste my time with stock picking.
Back during our stock picking days, we did well with Costco.
Hi Abuss368,

Sometimes you need to hold on to your winners :wink:

Remember AOL in late 90s? :D
Haha thank god i wasn't aware of anything in the world back then. But my stock picking adventure took 2 years 2016-2018 and i was convinced that i am not an average investor. I was actually worse than the average ahahaha
"My conscience wants vegetarianism to win over the world. And my subconscious is yearning for a piece of juicy meat. But what do i want?" (Andrei Tarkovsky)

HawkeyePierce
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Re: [Shopping List of Individual Stocks]

Post by HawkeyePierce » Sun Mar 29, 2020 11:03 pm

If I was picking individual stocks, I'd go after tech companies with enough cash on their balance sheets to weather the storm while also making some choice acquisitions at fire sale prices. IMO they're going to mop up over the next 12 months.

But I don't pick individual stocks. :happy

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Rick77
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Re: Shopping List

Post by Rick77 » Wed Apr 01, 2020 12:22 pm

mega317 wrote:
Mon Mar 23, 2020 3:21 pm
Rick, my opinion is you don't and can't know what individual companies will do better than or worse than the market in the near or distant future. Sorry to say but you aren't the first person to consider that companies of that description might make it through covid and thus are worth investing in. There is unlikely to be much value getting in now. Plus how you do know if a company is cooking the books or a meteor will hit HQ or whatever?
OP here, I am usually with most folks here, avoid individual stocks and stay with funds, however, in my view, this rule applies for normal times only and what we are going through right now is clearly not normal. That strategy served me well over the last a couple of month as I did exit quite a few fund positions and entered individually selected shorts to hedge my remaining portfolio (TVIX, VIXX & VIXY).
So why don’t I go back into funds again? Since it is hard to find some which are not polluted with airlines/travel/hospitality or others which are likely to suffer for the foreseeable future. Hence my desire for individual positions. BTW, I have not pulled the trigger yet, as my gut feeling tells me otherwise..

Thanks,
Rick

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